Question: I Scream Ice Cream is evaluating a project that has an NPV of $3000; would cost $71000 today; and is expected to produce annual cash
I Scream Ice Cream is evaluating a project that has an NPV of $3000; would cost $71000 today; and is expected to produce annual cash flows of $5790 forever with the first annual cash flow in 1 year. What is the IRR of the project?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55)
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